Telenor and Altimo Holdings & Investments have agreed to appoint Alexander V Izosimov as CEO and president of Russian and CIS operator Vimpelcom. Izosimov served as Vimpelcom's CEO and general director from October 2003 until April this year. Prior to joining Vimpelcom, he held senior positions with Mars and McKinsey & Company in Stockholm and London. Jo Lunder has been appointed as chairman of the board of directors. Lunder is currently the executive vice president of Ferd. Previously, he served as CEO of Atea. Prior to that, he served as managing director of Telenor Privat and vice managing director of Telenor Mobil. Lunder has been a member of the VimpelCom board since May 2002. Lunder, Leonid Novoselsky and Hans Peter Kohlhammer will be the independent members of Vimpelcom's board of directors. Telenor and Altimo have combined their common assets in Ukrainian mobile operator Kyivstar and Russian operator Vimpelcom in a newly formed Bermuda-based company VimpelCom Ltd, which will be headquartered in the Netherlands.
